Which of the Following Is Most Likely a Prosecutable Offense

question 7

Multiple Choice

Which of the following is most likely a prosecutable offense of "larceny"?

• A) Tom walks through an apple orchard and plucks six apples from Meilin's tree, eats one of them, and puts the rest in his backpack.
• B) Tom walks through Meilin's apple orchard and picks up six apples lying on the ground, eats one of them, and puts the rest in his backpack.
• C) Tom borrows Kahil's convertible without permission to go to the supermarket and returns it within half an hour.
• D) Helen sees Imad's new iPad in their college classroom, picks it up and starts playing with it while Imad is taking a break. He returns five minutes later and she has somehow changed the settings so that he must call Apple's help line to reset factory settings. Helen apologizes.

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Definitions:

Interest Rates

The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan outstanding.

Wheat Futures

Financial contracts obligating the buyer to purchase wheat, and the seller to sell wheat, at a predetermined future date and price.

S&P 500 Index Futures

Agreements that enable investors to forecast and protect against fluctuations in the market by speculating on the future worth of the S&P 500 index.

Long Position

Holding an asset with the expectation that its value will increase over time, intending to sell it at a higher price.